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! ! ! ( )Gerald Celente on The Tommy Schnurmacher Show

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Bubble after bubble $13 trillions for new bailouts Gerald Celente
Futurist and The super depression predictor Gerald Celente is on Montreal Canada radio show Tommy Schnumacher , "current events form future trends , we are looking at retail sales declining at a rapid level , we'll see more higher and higher unemployment , In The United States 72% of our GDP is consumer based , it's unsustainable and it's insane , you cannot consume 72% more than you produce , what we are going to see is a rush of bankruptcies and more and more vacancies both in the retail sector and in the business sector , so all these office buildings that were built at the big boom from about 2001 to 2007 they're going to remain vacant " said Gerald Celente "United States of America is over stored , the commercial real estate sector is going to collapse " now they are bailing out the commercial real estate , and hence creating another bubble that we call the bailout bubble , first we had the dot com bubble instead of letting it burst they created another bubble the Real Estate bubble by lowering interests rates to 46 years lows , now the real estate bubble burst , rather than letting that burst now they are creating the bailout bubble they have 13 trillion dollars worth of tax payers money to bailout everybody

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